In addition to the immediately preceding section, the following provisions shall apply to anyone seeking to connect property to the city water system where said system does not extend to such property.
   A.   Agreement: Whenever a subdivider desires or is required to install water connections and extensions for a subdivision, the subdivider shall enter into a written extension agreement with the city which shall constitute an application for permission to make said extension and connections and an agreement specifying the terms and conditions under which the water extensions and connections shall be made and the payments that shall be required.
   B.   Dedication: Any extension of city water system granted in accordance with the provisions of subsection A of this section shall upon completion become the property of the city. (Ord. 2000-28)